There are 21 banks including four public sector players which have reduced their base rate or the minimum lending rate in the range of 0.1-0.5 per cent till April 15.

The Reserve Bank of India had cut the repo rate by 0.25 per cent on January 15 and further by 0.25 per cent on March 4.

The Minister of State for Finance Jayant Sinha said in written reply in the Rajya Sabha, “Following the reduction in the policy rate, out of 91 scheduled commercial banks, 21 banks (4 public sector banks, 6 private sector banks and 11 foreign banks) reduced their base rates in the range of 0.1-0.5 per cent so far (up to April 15).”

“The available borrower-specific credit information on all borrowers (including NPA, if any) is received from banks by RBI under a fiduciary capacity and is prohibited from disclosure under section 45(E) of the RBI Act 1934,” he said.